Apollon Financial LLC Purchases 194 Shares of iShares MSCI USA Min Vol Factor ETF (BATS:USMV)

Apollon Financial LLC raised its position in iShares MSCI USA Min Vol Factor ETF (BATS:USMV) by 0.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 62,021 shares of the company’s stock after buying an additional 194 shares during the period. iShares MSCI USA Min Vol Factor ETF accounts for 1.7% of Apollon Financial LLC’s investment portfolio, making the stock its 19th biggest holding. Apollon Financial LLC’s holdings in iShares MSCI USA Min Vol Factor ETF were worth $5,663,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of USMV. Raymond James & Associates increased its holdings in iShares MSCI USA Min Vol Factor ETF by 0.9% during the second quarter. Raymond James & Associates now owns 16,095,735 shares of the company’s stock worth $1,351,398,000 after buying an additional 146,632 shares during the last quarter. Catalyst Capital Advisors LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 5.2% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 3,658,707 shares of the company’s stock worth $307,185,000 after purchasing an additional 182,050 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares MSCI USA Min Vol Factor ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,202,043 shares of the company’s stock worth $268,843,000 after purchasing an additional 31,625 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of iShares MSCI USA Min Vol Factor ETF by 270.9% in the 1st quarter. Cetera Investment Advisers now owns 1,895,974 shares of the company’s stock worth $158,465,000 after purchasing an additional 1,384,833 shares during the period. Finally, Financial Advisors LLC lifted its stake in iShares MSCI USA Min Vol Factor ETF by 1.5% in the third quarter. Financial Advisors LLC now owns 1,109,209 shares of the company’s stock valued at $101,282,000 after purchasing an additional 16,576 shares during the last quarter.

iShares MSCI USA Min Vol Factor ETF Price Performance

BATS:USMV opened at $93.36 on Tuesday. The company has a market capitalization of $27.35 billion, a P/E ratio of 25.30 and a beta of 0.59. The business has a fifty day simple moving average of $91.26 and a two-hundred day simple moving average of $87.07. iShares MSCI USA Min Vol Factor ETF has a 1 year low of $47.44 and a 1 year high of $55.45.

About iShares MSCI USA Min Vol Factor ETF

The iShares MSCI USA Min Vol Factor ETF (USMV) is an exchange-traded fund that is based on the MSCI USA Minimum Volatility (USD) index. The fund tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints. USMV was launched on Oct 18, 2011 and is managed by BlackRock.